Celo - Clean level breakdown with historical minimums follow-upReasons to take short
⭐️ We are in a bear trend
⭐️ Trendline is clear
⭐️ Level is 16 days old
⭐️ Volume at top
⭐️ Pullbacks are getting smaller
⭐️ 7th touch
⭐️ 32 ATR
Will enter when price squeezes to the level on 5m timeframe, the base will form and the strip will get faster.
If you don't understand the previous sentence, just use swing stop-loss 3-5%
Fix profit by parts:
1% - 1/3
2% - 1/3, stoploss to breakeven
What's left, hold to the maximum
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P.S. Always do your own analysis before a trade. Put a stop loss. Fix profit in parts. Withdraw profits in fiat and reward yourself and your loved ones
CELOUST trade ideas
Celo Spotcelo is moving sideways in the triangle frame, the 1h frame is waiting for a break as shown.
Scenario 1 if the price breaks through the 1.72 zone, we can enter a buy order here.
In case the price reacts at 1.72 and hits the trendline, pulls the beard and goes back down to the support of 1.245,
right here the price will react up again and that will happen a break out of the triangle and we will place a buy order at 1.261
Celo; Possible Bullish PotentialHello Traders! CTDave here again with another daily price analysis chart with CELO.
As you can probably see, in the long term we are bullish. There is a channel forming.
Short term we are in a breakout triangle.
Thanks for reading!
As always, I encourage everyone to please like, comment, and share my ideas, and follow me for more of these posts to be kept updated. Happy trading! Thank you!
Note: I am not a financial advisor, please do not trade solely based on my trading decisions. Do your own research or consult a professional financial advisor before conducting a trade.
1D timeframe market structure Why is it important to understand the structure of the market?
Because decisions to buy or sell are made through referencing current price against previous areas which caused significant emotional response, in particular those areas which led to regret of missing out on the opportunity, or those areas which trapped traders in losing positions.
CELO/USDT-1D-BINANCEThis is not a financial advice. Always do your own research and always put stoploss in your trade (SL) :) If you want more detailed info
how to study and read charts or just need help with some coin, just write to me here a comment, i will try to answer to everybody...
i can help you :) all for free, don't worry, BE HAPPY!
CELOUSDT TREND LINE Nice to meet you, everyone
I'm an alt trader
I'm analyzing and recommending things that are similar to my personality among many alt coins
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All the upward trends were broken and renewed after breaking the lows. It's never a safe coin, so you can't sell it. Stable trading can only be carried out if it rises above the orange thick upward trend. Currently, the red upward trend will be broken and supported by the blue downward trend.
CELOUSDTHello Crypto Lovers,
Mars Signals team wishes you high profits.
This is a one-day-time frame analysis for CELOUSDT
Based on our previous analysis on April 19, the price was fluctuating around $3.1 thousand and we expected more fall for it. At the present, you see that the price reached the lowest amount of $1.1 thousand and it is fluctuating at the amount of $1.3 thousand in this chart. Now you observe that the price is located in the corner of our support and resistance lines. So we expect the price to be supported again and move over the first resistance line for more rise. But in case the opposite happens, the price will face more decline.
Warning: This is just a suggestion and we do not guarantee profits. We advise you analyze the chart before opening any position.
Wish you luck
CELO inverted H&SCelo is forming Inverted Head and Shoulders 🤷. If price breaks the Neckline 3.752 I think there is chance for run to 5.45 and even higher.
ENTRY : local high @ 3.8
STOPLOSS (SL) : Right Shoulder @ 2.77
TARGET (TP) : Inverted H&S target projection @ 5.45
REWARD RISK RATIO (RRR) : 1.6
INVALIDATION : when SL level hit
Check my other stuff in related ideas.
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⚠️Disclaimer: I'm not financial advisor. This is not a financial advice. Do your own due dilingence.
